MCLEAN, Va. (AP) — MCLEAN, Va. (AP) — Maximus Inc. (MMS) on Thursday reported fiscal third-quarter net income of $103.6 million.
The McLean, Virginia-based company said it had profit of $1.95 per share. Earnings, adjusted for one-time gains and costs, were $2.22 per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $2.20 per share.
The government health services provider posted revenue of $1.28 billion in the period, which missed Street forecasts. Three analysts surveyed by Zacks expected $1.32 billion.
Maximus expects full-year revenue in the range of $5.2 billion to $5.35 billion.
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